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Non-Tech : Amati investors
AMTX 1.450-4.0%Dec 8 3:59 PM EST
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To: James Guse who wrote (30242)1/10/1998 12:10:00 PM
From: Bernie Diamond   of 31386
 
(tendered shares)

Jim, Since you tendered your shares by the deadline, you have received $20/s about Dec 29th. Those that did not tender, mostly because they wanted the sale in 1998 for tax purposes, are still holding their shares pending a proxy by TI (who now own 78% of Amati) to buy their shares at $20/s, or they can sell at the market price.

Your broker is correct and you have a 1997 taxable event since you no longer own Amati.

Good trading,

Bernie
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